NOTES RECEIVABLE. Use the following present value tables to answer all of the following questions. Do not round any answer until your final answer. Round your final answer to the nearest whole dollar. When entering your final answer, do not use commas or sign. Sorry...blackboard is very sensitive and will mark your answer incorrect due to rounding and punctuation PV of $1 Periods 915 889 863 839 93 51 837 7900 746 6300 564 PVOA 3 2.828 2.775 2.723 2.673 577 2.486 6 5.411 5.242 5.075 4.917 4.622 4.355 USE THE FOLLOWING INFORMATION TO ANSWER THE NEXT (5) QUESTIONS: Sparky sold merchandise to Bruins Company on June 1, 2016 and accepted an interest-bearing note with an 8% APR. Bruins agreed to make annual payments of P&l in the amount of $15,000 per year for 6 years with the first payment being made immediately. The remaining payments are to b remitted each June 1 December 31 is the fiscal year end for both companies. Bruins normal e cost to borrow is 8% Required: You are asked to answer each of the following blanks Determine the Sales Revenue Sparky can recognize on Jun 1, 2016 Blank 1 Determine the Total Interest Revenue that Sparky will recognize for the year ended December 31, 2017 on Blank 2 their Income Statement Current Assets: Prepare the Balance Sheet as of December 31, Interest Receivable ank 2017 Blank 4 Note Receivable Long-Term Investments: Note Receivable ank 5 1. Determine the Sales Revenue Sparky can recognize on Jun 1, 2016: $CBlank 1]